Neuberger Berman Energy Infrastructure and Income Fund Inc. (NYSEAMERICAN:NML) Short Interest Up 489.1% in June

Neuberger Berman Energy Infrastructure and Income Fund Inc. (NYSEAMERICAN:NML) was the recipient of a large growth in short interest during the month of June. As of June 15th, there was short interest totaling 114,113 shares, a growth of 489.1% from the May 31st total of 19,372 shares. Based on an average daily trading volume, of 140,815 shares, the short-interest ratio is presently 0.8 days.

Institutional Trading of Neuberger Berman Energy Infrastructure and Income Fund

Large investors have recently added to or reduced their stakes in the stock. Western Wealth Management LLC bought a new stake in Neuberger Berman Energy Infrastructure and Income Fund in the first quarter worth about $39,000. Monetary Management Group Inc. raised its holdings in shares of Neuberger Berman Energy Infrastructure and Income Fund by 30.0% in the 2nd quarter. Monetary Management Group Inc. now owns 5,200 shares of the investment management company’s stock worth $47,000 after purchasing an additional 1,200 shares during the period. Fifth Third Bancorp bought a new stake in shares of Neuberger Berman Energy Infrastructure and Income Fund in the 1st quarter worth approximately $80,000. Evolve Private Wealth LLC purchased a new position in Neuberger Berman Energy Infrastructure and Income Fund in the fourth quarter valued at approximately $89,000. Finally, Northwestern Mutual Wealth Management Co. lifted its stake in Neuberger Berman Energy Infrastructure and Income Fund by 8.1% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 14,762 shares of the investment management company’s stock valued at $125,000 after purchasing an additional 1,112 shares during the last quarter.

Neuberger Berman Energy Infrastructure and Income Fund Stock Down 0.9%

NYSEAMERICAN:NML traded down $0.09 during trading on Friday, reaching $9.80. The company’s stock had a trading volume of 75,168 shares, compared to its average volume of 171,282. Neuberger Berman Energy Infrastructure and Income Fund has a 12 month low of $7.89 and a 12 month high of $10.71. The firm has a 50 day moving average of $10.08 and a 200-day moving average of $9.63.

Neuberger Berman Energy Infrastructure and Income Fund Dividend Announcement

The business also recently declared a monthly dividend, which will be paid on Tuesday, June 30th. Investors of record on Monday, June 15th will be issued a $0.0701 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 8.6%. The ex-dividend date of this dividend is Monday, June 15th. Neuberger Berman Energy Infrastructure and Income Fund’s payout ratio is -227.59%.

Neuberger Berman Energy Infrastructure and Income Fund Company Profile

Neuberger Berman Energy Infrastructure and Income Fund (NYSE American: NML) is a closed-end management investment company focused on generating attractive levels of current income by investing primarily in energy infrastructure companies. The fund’s portfolio is anchored by publicly traded master limited partnerships (MLPs) and other energy-related equity securities, with an emphasis on midstream operators engaged in activities such as crude oil and natural gas gathering, processing, transportation and storage.

Through its core investments in North American energy infrastructure, the fund seeks to capture distribution yields and potential long-term capital appreciation associated with essential oil and gas systems.